Stock Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
ProShares UltraShort Technology (PACF:REW)
Long-Term Uptrend (+90) - REW is in a strong uptrend that is likely to continue. While REW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid REW?
MarketClub looks at technical strength and momentum to determine if the timing is right for REW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REW
The long-term trend has been UP since Jan 24th, 2022 at 18.6800
The intermediate-term trend has been UP since Jun 13th, 2022 at 22.7452
The short-term trend has been UP since Jun 29th, 2022 at 21.5184
Smart Scan Analysis for REW
Based on our trend formula, REW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.75||Year High Date||2018-02-09|
|Year Low||10.5467||Year Low Date||2018-08-30|
|52wk High||24.2535||52wk High Date||2022-06-16|
|52wk Low||12.74||52wk Low Date||2021-12-28|
|Year End Close||37||Average Volume||128,779|